Since 2022, the Xuhui District Procuratorate of Shanghai has handled a total of 23 criminal cases involving virtual currencies, involving 45 individuals

ChainCatcher news reports that the Xuhui District People's Procuratorate of Shanghai has released a notice regarding crimes related to virtual currencies. Since 2022, the procuratorate has handled 23 criminal cases involving virtual currencies, affecting 45 individuals, with the number of cases accepted showing an upward trend for three consecutive years. At the same time, related cases exhibit characteristics such as complex methods of operation, technical specialization, concealment, and high amounts of crime. In the cases handled, the average illegal gains of the criminals exceeded 1 million yuan, with some cases involving illegal gains of over 5 million yuan.

In addition, according to Xinmin Evening News, in response to the increasing number and significant amounts of crimes related to virtual currencies in recent years, the Xuhui District Procuratorate and the Xuhui District Public Security Bureau have jointly signed the "Guidelines for the Disposal of Virtual Currencies in Criminal Proceedings," which provides more detailed and clear regulations for the entire process and various aspects involved in handling virtual currency cases, including evidence collection, seizure and custody, and transfer for disposal, offering specific guidance for the lawful disposal of virtual currencies involved in cases.